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#NEWS

Tether Price Creeps Back to 99 Cents But Fails to Reach Dollar Parity

The tether price (USDT) is once again trading near $0.98 after failing to crack through the $1.00 threshold, prolonging the USD-pegged cryptocurrency’s departure from dollar parity.

The USDT token had on Friday briefly surpassed a global average of $0.99, its highest mark since plunging below $1.00 on Oct. 15. Unable to sustain that recovery, the tether price dipped back to an average of $0.979 on early Saturday morning before recovering to a present value of $0.984.

Full article:
https://www.ccn.com/tether-price-creeps-back-to-99-cents-but-fails-to-reach-dollar-parity/
#GEMERA

We are glad to announce that GEMERA Token sale has been launched at LATOKEN Exchange.

Sign in now: https://bit.ly/2Oti9HO 

LATOKEN is a rapidly growing crypto exchange focusing on liquidity for new tokens:
●   $30m+ daily turnover
●   More than 80,000 registered traders
●   180+ crypto pairs available for trading

Besides crypto trading, LATOKEN users can participate in selected Tokens Sales at pre-sale and crowdsale stages.

GEMERA token will also be listed on LATOKEN for its main sale, which will take place from October 25th to December 12th.

GEMERA is a crypto-token backed by Colombian emeralds which provides a blockchain based platform where the tokens can be redeemed for physical emeralds.
#NEWS

Opinion: Can AI Tools Improve Cryptocurrency Adoption?

There are many different paths to choose from, to improve cryptocurrency usability.  Lately, I’ve been focused on project tokenomics as I have a feeling that better rewards distribution is the way forward. For instance, traditional exchanges do not provide enough rewards to users; a few exceptions are Binance, Coss, or ABCC. I especially like the last one as it really focuses on distributing the most revenue to users through their native currency, the AT token. They’re even implementing a governance-based token model which gives additional power to token holders. I am really looking forward to seeing what comes next as empowering users is, to me, the true purpose of decentralization.

Full article:
https://www.ccn.com/opinion-can-ai-tools-improve-cryptocurrency-adoption/
#Cloudbric

AI-based, cybersecuriry platform, Cloudbric is currently having their EPIC airdrop & bounty campaign with over $800K+ in rewards, with the ability to earn up to 20ETH for one of the campaigns and 120CLB (~$5) per airdrop 

To learn how to get a piece of that pie, head over to the Bitcointalk bounty thread at: https://bitcointalk.org/index.php?topic=4766975

We have also opened up KYC at ico.cloudbric.io be sure to sign up before pre-sale in a couple weeks!

You can also join our community at t.me/cloudbric if you have any questions or want to learn more about the project
#NEWS

The Onion Released a Guide to Blockchain, and It’s Hilarious

Despite the many amazing use cases for public and private blockchain networks, there’s no way around the fact that the word “blockchain” has been misused, misunderstood, and hyped into a state of near-meaninglessness in the last few years.

Money-hungry ICOs have jumped on the chance to put everything from celebrities to board games “on the blockchain,” and there have been multiple cases of the stock value of different companies skyrocketing simply for putting the word blockchain in the company name.

British firm On-line Plc changed its name to On-line Blockchain Plc and saw a 364 percent increase in stock value on the same day. At least the company was tech-related — when Long Island Ice Tea changed their name to Long Blockchain stocks value jumped 200 percent, and, well it’s a company that mostly just makes ice tea!

Full article:
https://www.ccn.com/the-onion-released-a-guide-to-blockchain-and-its-hilarious/
#NEWS

Checkbooks Ready! US Marshals to Hold $4 Million Bitcoin Auction

The US Marshals Service has announced an upcoming auction for over $4 million worth of bitcoin seized during various legal proceedings. The sealed bid auction, which is scheduled to take place in November, will offer approximately 660 BTC seized during about 31 federal criminal, civil and administrative cases under the asset forfeiture framework of the Department of Justice.

Full article:
https://www.ccn.com/checkbooks-ready-us-marshals-to-hold-4-million-bitcoin-auction/
​​#ProjectDELTA

What is Project DELTA?

The Project DELTA Blockchain Protocol presents a game-changing framework different from other protocols. It is a protocol designed with groundbreaking structure and rules which suggest a new paradigm of the blockchain for the 4th Industrial Revolution era.

Our Solutions

The DELTA Blockchain protocol offers an optimal convergence solution with data-driven technologies to lead the fourth industrial revolution.

VOTA (Verification of Transcendence Spatial Autocorrelation):

VOTA significantly reduces block time and achieves the real-time transaction by applying a unique algorithm and eliminating coin-based compensations.

DAPP As A Node (DAAN):

Being itself a node, DAPP is incentivized by business-driven benefits instead of coin compensations to confirm transactions and generate blocks.

CRDE (Cross-Referral DAPP Ecosystem):

DELTA allows anybody to create DAPPS by using the widgets (essential DAPPS provided by Project DELTA). Cross reference between DAPPS allows a dynamic DAPP ecosystem.

Pain Points

By 2025 big data is expected to increase to 163 ZB worldwide,which is 10 times the total amount of data generated in 2016.

The current blockchain protocols are unable to manage the amounts of data generated at an unprecedented scale due to the waiting time for nodes to receive the coin reward.

Limitations in the existing blockchain protocols ultimately hamper the creation of an active DAPP ecosystem.
#NEWS

Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019

Ethereum (ETH) core developers have reached a consensus to delay a planned hard fork of the protocol until January 2019, in a meeting Friday, Oct. 19.

The fork, dubbed “Constantinople,” was first trialed on Ethereum public testnet Ropsten on Oct. 13, and had been slated to be activated on the main Ethereum blockchain by the end of Oct.-Nov. this year. A testnet is essentially a simulated version of the primary network that allows developers to try out smart contracts or upgrades without having to pay “gas” (computation fees) for their execution.

Towards the end of their hour-long meeting yesterday, the devs finally reached a consensus that the Constantinople will at “the earliest” come in late January 2019.

During the meeting, one dev quipped it might be less controversial, or “political,” to change the term for the transition from “hard fork” to “update.”

Full article:
https://cointelegraph.com/news/ethereum-devs-reach-consensus-to-delay-constantinople-hard-fork-until-january-2019
#NEWS

Ernst & Young Report: One Year on, ICOs' Fate Is 'Worse Than We Thought'

A new report published Oct. 19 by Big Four auditor Ernst and Young has found that initial coin offerings (ICOs) that raised capital in 2017 have done “little to inspire confidence” one year on.

The report, which is dedicated to what EY dubs the “The Class of 2017,” revisits the same projects the firm first analyzed back in Dec. 2017; the sample comprises over 141 “top” ICOs, representing 87 percent of total ICO funding that year.

One year later, EY’s statistics are stark: 86 percent of project tokens are reportedly currently trading below their listing price, with 30 percent having lost “substantially all value.” Overall, the report continues, “an investor purchasing a portfolio of The Class of 2017 ICOs on 1 January 2018 would most likely have lost 66% of their investment.”

Beyond investment returns, the auditor also analyzed the development of working products or prototypes, finding that at present, only 29 percent of studied projects had either – up just 15 percent from at the end of last year.

71 percent of projects have “no offering in the market at all.”

Full article:
https://cointelegraph.com/news/ernst-young-report-one-year-on-icos-fate-is-worse-than-we-thought
#NEWS

Gibraltar Gov’t Launches Advisory Group to Develop Blockchain-Related Educational Courses

The Government of Gibraltar in collaboration with the University of Gibraltar have created an advisory group focused on the development of blockchain-related educational courses, national news outlet the Gibraltar Chronicle reported Oct. 19.

The New Technologies in Education (NTiE) group is reportedly a joint initiative between the government, the University of Gibraltar, and a number of the leading technology firms based in the country. Following the expansion of new technologies in Gibraltar, the NTiE will address the demand for related skills both in the private sector and at the governmental level.

The courses — which are expected to be launched later this year — will also be backed by “significant input” from industry players who are in the process of becoming licensed by the Gibraltar Financial Services Commission.

Full article:
https://cointelegraph.com/news/gibraltar-govt-launches-advisory-group-to-develop-blockchain-related-educational-courses
#Mixin_Network

We are excited to announce that Mixin Network Community Contributor Incentive Program is released 🥳 Your voice about #Mixin_Network $XIN is what we want most.

https://medium.com/@mixinblockboost/mixin-network-community-contributor-incentive-program-released-a7c82a4fca86

#Mixin_Network $XIN
#NEWS

Russian Draft Bill Lacks Core Crypto Terms After Recent Edits

Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reportsOct. 19. Consequently, the new law will not clarify tax issues for miners.

The chairman of the Duma Committee on Financial Markets Anatoly Aksakov briefly explained the reason behind the deputies’ decision to eliminate a core crypto term from the bill:

“Earlier we had some thoughts on Bitcoins, on their integration into our economic system. But as we decided we don’t need them, these ambiguous Bitcoins, therefore we don’t need mining as well.”

Full article:
https://cointelegraph.com/news/russian-draft-bill-lacks-core-crypto-terms-after-recent-edits
#eXdorado

eXdorado Newsletter #1

Hello guys,

In today’s newsletter, we have an important announcement for you.We received a strategic investment from a german Venture Capital firm (we cannot disclose more details) in our company.With this investment, we have now solid accounts to show and that is very positive for our FIAT license application.The consequence is that we are going to reduce our Token Sale hardcap, because we need less investments. Until now, 17 400 000 EXS tokens were on sale. We are going to reduce this amount to 7 000 000 EXS tokens purchasable through token sale. The rest of tokens (7 700 000) will be burned. The ICO hardcap is now 3 850 000$ and the total supply is 13 300 000 EXS.Because of this, we expect the Token Sale to finish much quicker.

We are also currently working on the API, and we expect to release it sooner than the exchange’s alpha. Stay tuned.

Please share the word about our ICO and we look forward to your contribution.

Sincerely Yours,

eXdorado Team

#cryptocurrencies #Crypto #exdorado #ICO #Exchange
#NEWS

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference.

After some mild clarifications, tension is rising in the crypto community – the spread between Bitcoin prices on Bitfinex and other exchanges, on October 15, reached $1,000 against the massive sale of Tether (USDT). In the meantime, Bitfinex is testing its improved solutions, it remains to be seen about the possible consequences for the crypto industry and to be confirmed that this is not a repetition of the story with Mt.Gox, which some traders draw a parallel to, but simply the implementation of a “new and increasingly robust fiat deposit system”.

Full article:
https://cointelegraph.com/news/bitfinex-the-rumors-of-insolvency-banking-partners-escape-and-the-suspension-of-fiat-deposits
#MenaPay

Controlling a team of 12 developers is hard but with his experience, he manages to survive these circumstances. From #archeology to #blockchain, we're introducing our Project Director Çağatay Karabulut and his journey through #menapay.

https://youtu.be/VAFcMfDHs-Y 

#2gether4mena
#NEWS

Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies

The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19.

Paris-based FATF, also known as Groupe d'action financière (GAFI), is an intergovernmental organization established in 1989 on the initiative of the G7 to set standards and promote effective implementation of legal, regulatory and operational measures to fight money laundering. The FATF has since developed a series of Recommendations recognized as the international standard for combating money laundering (ML) and the financing of illicit activities.

In 2015, the FATF introduced guidance on a risk-based approach to digital currencies, calling all countries to take coordinated action in preventing the use of virtual currencies for crime and terrorism financing (TF).

Now, the organization has determined that the Recommendations require revision as governmentsand the private sector have sought clarification on exactly which activities the FATF standards apply to.

Per the changes, jurisdictions should ensure that virtual asset service providers — exchanges, wallet providers, and providers of financial services for Initial Coin Offerings (ICOs) — are subject to anti-money laundering (AML) and counter-terrorism financing (CFT) regulations.

Full article:
https://cointelegraph.com/news/financial-action-task-force-adopts-changes-to-standards-covering-virtual-currencies
#Karatcoin

At the end of the ICO will be randomly extracted 23 tickets by unique users. 1 ticket every $200 USD deposited for buying our tokens.

Website: https://karatcoin.co     
Buy #Karatcoin here: https://karatcoin.dreammy.io/register    

#bitcoin #cryptocurrency #Ethereum #GOLD #ICO #EOS
#NEWS

Russia: CEO of Banking Giant Sberbank Says Blockchain Tech Will Be ‘Ready’ in 3-5 Years

Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, local news agency RIA Novosti reports Oct. 18.

According to Gref, governments are not yet ready to part with centralized currencies and thus will not let decentralized digital coins gain mass adoption:

“[The future] of cryptocurrencies is not clear so far as the state will not give up its central role, won’t allow [decentralized] cryptocurrencies. Though this might be the proper model – as for me, I’m for a distributed model, including in money supply. But it seems like that is not in the cards for the next — well, let’s be optimistic – ten years.”

Full article:
https://cointelegraph.com/news/russia-ceo-of-banking-giant-sberbank-says-blockchain-tech-will-be-ready-in-3-5-years
#CoinBundle

Crypto seems to be jam-packed with dudes. Well, we realize that is not the case and want to share some of the amazing women of crypto with you. So, please read up on what these ladies are doing for the industry. ‍

https://medium.com/coinbundle/notable-women-of-crypto-cee437464f92
#RipaEx

RipaEx project Newsletter 10/14/2018: XPX listing, unsold tokens, ticker change — Steemit

https://t.co/kmbsjv5quS
#NEWS

Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study were published Tuesday, Oct. 16, alongside the full annual report, entitled “Hi-Tech Crime Trends.”

The report, dedicated to hacks in 2017 and 2018, identifies the allegedly state-sponsored hacker group Lazarus as responsible for $571 million of the $882 million total in crypto that was stolen from online exchanges during the studied time period; almost 65 percent of the total sum.   

Out of fourteen separate exchange breaches, five have been attributed to the group, among them the industry record-breaking $532 million NEM hack of Japan’s Coincheck this January.

The report states that hackers target cryptocurrency exchanges using mostly “traditional” methods, including spear phishing, social engineering, and malware:

“After the local network is successfully compromised [through downloaded malware], the hackers browse the local network to find work stations and servers used working with private cryptocurrency wallets.”

Full article:
https://cointelegraph.com/news/report-north-korea-sponsored-hacks-comprise-65-percent-of-total-crypto-stolen